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September 1, 2014

September 1, 2014

Posted by **Maddie** on Wednesday, November 12, 2008 at 6:41pm.

- Mathematics -
**drwls**, Wednesday, November 12, 2008 at 7:35pm296 = 250 [1 + (I/100)/26]

where I is the interest rate in %

296/250 = 1.184 = [1 + (I/100)*(1/26)]

I/2600 = 0.184

I = 478%

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